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NDP: Net domestic product is defined as "gross domestic product (GDP) minus depreciation of capital", [6] similar to NNP. GDP per capita: Gross domestic product per capita is the average market value rendered per person. GNI per capita: Gross national income per capita is related to average income per person and mean income.
Although the net national product is a key identity in national accounting, its use in economics research is generally superseded by the use of the gross domestic or national product as a measure of national income, a preference which has been historically a contentious topic (see e.g. Boulding (1948) [3] and Burk (1948) [4]).
Business current transfer payments (net) 77.70 Current surplus of government enterprises: 9.50 Equals: national income (NI) 9,679.60: Statistical discrepancy: 25.60 Equals: net national product (NNP) 9,705.20: Consumption of fixed capital: 1,353.90 Equals: gross national product (GNP) 11,059.10: Income receipts from the rest of the world: 273.90
The business income cited in the social account is not the business income reported in profit and loss statements, but an economic income measure which is derived from accounting business income. Thus, the criticism centres both on the valuation principles used, and the additional items included in the aggregate, which are not directly related ...
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A man who returned to his Alaska hometown took to social media to document the inflated prices of food and drinks, including an $11 box of cereal. Still, he says it's someplace he'd live again.
Their call comes as tech has propelled the S&P 500's bull rally to new heights in recent months amid the AI boom, accounting for nearly 35% of the S&P 500's profits in the last year.
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